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Home Owner News Archive


Home Alone Home Listed For Sale at $2.4 Million

RISMEDIA, May 11, 2011—Luxury market homebuyers looking for a piece of cinematic history and refined Georgian charm need look no further than the new-to-market Winnetka home for sale. Featured in the family movie, Home Alone, this stately home is listed ...


During a Tornado, Run, Don’t Gawk

RISMEDIA, May 10, 2011—(MCT)—One video circulating in cyberspace—shot by a 12-year-old boy with his cell phone in the back seat of his vehicle—shows a tornado closing in on a family driving in North Carolina last month —right up until the tornado hits them. ...


Simple Tips to Prevent House Fires

RISMEDIA, May 9, 2011—Every year home electrical problems cause more than 28,000 house fires and massive property damage. Electrical wiring is the root cause of many of these fires, of which countless could have been prevented. May is Electrical Safety Month. MXenergy, an independent energy provider, is encouraging ...


When a Mortgage Puts a Home Buyer at a Disadvantage

RISMEDIA, May 9, 2011—(MCT)—For home buyers who need to finance their purchase using a mortgage, a cash buyer can be their worst enemy. ...


Stumped Builders Adjust Their Designs

RISMEDIA, May 9, 2011—(MCT)— With new-home sales at historical lows, builders are doing a lot of head-scratching about what kind of houses buyers want.Changing demographics and tougher lending standards are influencing their decisions, too. The industry is trying to get a handle on where home designs are headed after the ...


April Storms Bring May Floods

RISMEDIA, May 6, 2011—Severe weather continues to be a concern for many areas in the United States. The weather system which leveled parts of the southeast last week also dumped record rainfall from Arkansas to Vermont. Additional rainfall has some ...


Your Leadership Needed: Nearly Half of Home Buyers Surveyed Don’t Understand Essential Information about Mortgages

RISMEDIA, May 5, 2011—As the housing market continues to struggle, home buyers appear ill-prepared to take out a mortgage, answering basic questions about mortgage information wrong nearly half (46 percent) of the time, according to a Zillow® Mortgage Marketplace survey. ...


Latest MBA Weekly Survey Shows Increase in Mortgage Applications, Driven by Refinances

RISMEDIA, May 5, 2011—Mortgage applications increased 4.0 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending April 29, 2011. The Market Composite Index, a measure of mortgage loan application volume, increased 4.0 percent on a seasonally adjusted basis ...


Gallup: Time Is Right to Buy

RISMEDIA, May 5, 2011—Consumer attitudes towards the housing markets are echoing views in the years immediately preceding the peak of the housing boom, according to a new national survey by the Gallup poll. Americans continue to see a buyer’s market in housing, according to an April 2011 Gallup poll. Sixty-nine ...


1parkplace to Host Listings Webinar: “The Art of Connecting with Your Community”

RISMEDIA, May 4, 2011--1parkplace, a leader in online real estate marketing, believes high quality education and training is paramount to the success of its valued members. As a result, the company is kicking off the spring training season with ...


Regional Spotlight: Bay Area Home Sales, Prices Remain Stable

RISMEDIA, May 3, 2011—Home sales in the nine-county San Francisco Bay Area continued at a steady pace in the first quarter of 2011 compared with the same period a year ago as homebuyers took advantage of favorable home prices and interest rates, according to an analysis of MLS data issued ...


Remodeling Market Index Reaches Highest Level in Four Years

RISMEDIA, May 2, 2011—According to the National Association of Home Builders' (NAHB) Remodeling Market Index (RMI), the remodeling market is heading into recovery with an increase to 46.5 in the first quarter of 2011 from 41.5 in the fourth quarter of 2010. This marks the highest level for the RMI ...


Home Buyers Shun ‘Fixer-Uppers’

RISMEDIA, May 2, 2011—(MCT)—In the overheated housing market of five years ago, buyers often felt they had to accept homes in woeful condition. But these days, most look at "as-is" properties and say, "No thanks." "I try to stay away from things that need a lot of work," says Michael ...


HUD Awards Millions to Homeless Programs across Country

RISMEDIA, May 2, 2011—Housing and Urban Development Secretary Shaun Donovan today awarded more than $216 million to nearly 700 new homeless programs across the country. The grants announced today are $26 million more than last year’s grants and, combined with renewal funding announced earlier this year, represents the most ...


Study Examines the Impact of Homebuyer Education and Counseling on Mortgage Performance

RISMEDIA, April 29, 2011—Potential homeowners who participate in pre-purchase education and counseling programs may be more likely to pay their mortgages on time, although the evidence on this point is not consistent and compelling, according to a study released today ...


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